But if you had someone that says, but we'll just grow ourselves out of borrowing $100,000 a second, they are not good at math. Here's the basic simple rule. GDP, the size of the economy in 2023, grew a trillion and a half dollars. But you do understand for that growth you only get 17, 18, maybe even 19% of that in tax receipts. So in the gross, that's wonderful, but it's not dollar for dollar. (28:17–28:25)
CLAIM
Asserts that the U.S. GDP grew by $1.5 trillion in 2023.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.